Funding you earn now, next payment 20:00 UTC+0.0053%/8hnext payment +$0.26 per $10,000 · paid last 24h −0.004%
Price spread now: Binance against BloFin+0.264%91s7-day average −0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$113as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1141.137% of the position
Funding, last 7 days+0.009%+$1 on $10k
+Price spread, last 3 days (all we have)−0.449%−$45 · spread now +0.264%, 7d avg −0.021%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Binance is 0.285% dearer against BloFin than usual: you sell high and buy low: +$28 more if the spread goes back to its 7-day average of −0.021%. The two prices were read 91 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin GWEI-USDT | 0.02272 | 0.0384 | pay 0.0192% / 4h | 27m 44s | $173K | $28K | 50x |
| Short | Binance GWEIUSDT | 0.02278 | 0.0437 | get 0.0218% / 4h | 27m 44s | $2.3M | $2.5M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BloFin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $11.09
- Price spread: +0.264% → −0.021%
- $28.48
- Slippage, 4 orders
- −$91.69
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$74.12
- Costs to cover
- 1.137%
- Break-even
- 53.8 days
Slippage from BloFin: live order book, 18 min ago; Binance: live order book, 18 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BloFin live order book, 18 min ago | 2.20 bp | 26.4 bp −$26 | 127.3 bp −$1,273 | doesn't fit | doesn't fit |
| Sell Binance live order book, 18 min ago | 2.20 bp | 27.2 bp −$27 | 158.8 bp −$1,588 | doesn't fit | doesn't fit |
GWEI on 11 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin GWEIUSDTM | +0.0100% | 4h | 0.02276 | +0.163% | $452K | $16K | 20x | as long as short |
| Variational Omni GWEI | +0.0100% | 4h | 0.02272 | +0.022% | $4K | $54 | — | as long as short |
| Bitget GWEIUSDT | +0.0210% | 4h | 0.02278 | +0.264% | $1.9M | $199K | 20x | as long as short |
| Gate GWEI_USDT | +0.0362% | 4h | 0.02274 | +0.097% | $374K | $383K | 10x | as long as short |
| BloFin GWEI-USDTlong | +0.0384% | 4h | 0.02272 | long leg | $173K | $28K | 50x | |
| MEXC GWEI_USDT | +0.0428% | 4h | 0.02278 | +0.264% | $103K | $86K | 20x | as long as short |
| Extended GWEI-USD | +0.0432% | 1h | 0.02278 | +0.255% | $3K | $142K | 5x | as long as short |
| Binance GWEIUSDTshort | +0.0437% | 4h | 0.02278 | +0.264% | $2.3M | $2.5M | 50x | |
| BingX GWEI-USDT | +0.0631% | 4h | 0.02274 | +0.088% | — | $1.6M | — | as long as short |
| Bybit GWEIUSDT | +0.0641% | 4h | 0.02276 | +0.176% | $368K | $115K | 25x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster GWEIUSDT | +0.1294% | 4h | 0.02274 | +0.088% | $19K | $8K | 10x | as long as short |
BloFin GWEI-USDT
Binance GWEIUSDT
KuCoin GWEIUSDTM
Variational Omni GWEI
Bitget GWEIUSDT
Gate GWEI_USDT
MEXC GWEI_USDT
Extended GWEI-USD
BingX GWEI-USDT
Bybit GWEIUSDT
Aster GWEIUSDT